The Indonesian rupiah slipped for a second straight session, hovering around 16,700 per dollar, its lowest level since the end of September. The further drop came as the dollar index firmed toward 100, holding at three-month highs amid reduced bets for more easing in December. Locally, Bank Indonesia Governor Perry Warjiyo said there is room for a future reduction in the benchmark interest rate, noting that timing would depend on rupiah stability and the effectiveness of previous cuts. The central bank paused its aggressive rate-cut cycle in October after lowering the benchmark rate by 150bps since September 2024. Meanwhile, the annual inflation rose to 2.86% in October 2025 from 2.65% in September, the highest since April 2024 but still within Bank Indonesia’s corridor of 1.5% to 3.5%. Meanwhile, Indonesia's Q3 GDP data are due soon, with concerns growing that pro-growth initiatives under President Prabowo Subianto could push imports higher, adding pressure to the current account.